Category Archives: Business

Sprinkle water to keep the construction site dust free

It becomes difficult to breathe while you are inside a construction site. The amount of dust that you can see all around the site will make you wonder how the employees are working in such a perilous zone. They might contact any air borne disease which could be quite fatal to them. Also comes into the mind the necessary steps the company is taking to keep the dust under control. Well, frankly where construction is in full swing, dust is bound to flow in the environment and nothing much can be done by anybody to contain it. However, there is one step that can be taken to contain dust and it is to sprinkle water at regular intervals so that the water pulls the dust on the ground and allows fresh air to breathe. But there are places where there is water scarcity in that particular area. In such places, even sprinkling water can be a problem.

In order to bring dust under control, there is no other medium other than spraying water on the ground and if at all there is any other way to contain this problem then that will be very expensive, probably out of the reach of many construction companies. They will certainly not want to invest a good chunk of money to keep the dust level under control. Though it is a must to equip and implement whatever process you can to keep the construction site dust free, construction companies would not want to adopt any expensive modes. So this leaves them with the option of spraying water.

For places where there is water in abundance, construction companies can store gallons of water in a storage tank and then later fill it up in a truck that has a pipe attached to it and then use the truck to spray water all over the site. By doing this, you make the process portable; which means you need not have a large pipe that goes across the entire corner of the jobsite. One can only imagine this and wonder how tedious it will be for the person who moves around the jobsite with the pipe spraying water. For a big construction site, using a water tanker that can move while spraying water is the best option. Please do not make use of fresh drinking water for this purpose. You will only end up finishing your resources sooner than you have thought.

You can make use of water that you get while excavating earth. Though the proportion of that water will be quite limited for your use, you can also make use of saline water of the sea. For that, you need to make necessary arrangements to port water from the seabed to the construction site. This exercise may prove to be a bit expensive but certainly advisable rather than exhausting the fresh water to control dust. Using nozzles while sprinkling water is recommended as it not only settles down the dust but also allows it to return to the ground making it a convenient process of dust control.

Factors that affects the construction industry

For the functioning of any industry/business, there are few factors that have to work positively or else the chances of the industry to develop any further become obscure. This is why there are companies who have hired strategists so that they can frame plans to ensure that the factors that can have a positive impact on their company never cease to exist. The entire construction domain heavily depends on such factors which in a way have to be conducive for the industry to exist. For instance, constant availability of raw materials is one of the most important immediate requirements of the construction business. A couple of days ago you may find the stock to be in order but just within 2 days you may find it to be almost empty. Now the contacts that you have with the suppliers’ is instrumental. That acts as one of the factor.

After having ordered the materials you also need to keep a tab on the time it may take for the stuffs to come. Now there can be some factors which are beyond our control. Factors like flood, hurricane and other such natural catastrophes can’t be known and therefore if something of this kind strikes the place from where the raw materials was supposed to come it will only unnecessarily delay the project. It is therefore important that you have to foresee the requirement as you will not be able to foresee the catastrophe and accordingly keep your stock up to date.

There are also few factors that can affect the overall construction industry positively. One such example is fall in the price of fuel or lowering of interest rate by the federal government. Both can be good news for the construction company who manufactures condos, PUDs and single unit residences. They will be able to save a lot on fuel and still get the same work done and sell it at no lesser price or perhaps at a slightly lesser price. Fall in the interest rates does not have a direct impact on the construction company but it more or less benefits the common man who goes out hunting for a home. If the interest rate is down, it means that the general public will now aggressively look for a property and the construction company will be able to sell their produces like hot cakes during this time.

Construction industry is closely linked with the heavy equipment sector. So if there comes a problem in the heavy equipment sector, it will have a direct and a big impact on the construction industry. Fall in fuel price normally hurt the economy of the heavy equipment industry. This means that though the fall in fuel price can bring smile on the faces of the contractors but can simultaneously make the heavy equipment industry look grimmer. Heavy equipment companies will therefore begin cutting costs by shutting down few of their offices or can even increase the price of their machine to sustain. They may even call off the production of some affordable heavy equipment to save themselves from incurring losses.

 

Different departments should work in tandem

The success of any business lies on how collectively different departments of the company are able to work. To work as a team is quite a crucial component for the success of any business and when it is about the construction industry, team work becomes all the more important. A big construction industry has a lot of things to take care of and all needs to be in sync with each other for smooth functioning of the business. If any of the department lags then it will have a hard impact on all the other departments and they will face a tough time to deal with the shortcomings of that one department. This is the reason why if at all a department lags behind or is not able to cope up due to some issues that needs to be addressed then and there so that it does not lead to any further complication.

Collective effort from Admin and payroll team is needed:-

The Admin and Payroll team of a construction company plays a big role in managing the office expenses as well as ensuring that all the employees are paid fairly and correctly at the end of every week or bi-weekly as they receive the amount. The payroll team has to be very stringent with records keeping and stuff so that they do not overpay or underpay anybody. Problems and confusions do happen in a big company and if any employee experiences such an issue then that should be cleared at the earliest. Also steps should be taken to ensure that such mistakes do not happen again. To avoid mistakes or confusions, these 2 departments have to work very closely with each other. It becomes the responsibility of the head of the departments to check that things are moving smoothly and if there has been problems check the steps taken by the team to resolve it.

Growth of construction business:-

Growth of construction business largely depends on effective communication between several departments and effective communication is possible when people from different departments know each other. For instance, the operators who are in-charge of heavy equipment should know people from the support team (heavy equipment mechanics) as they are dependent on a large scale on the support team. Simultaneously, the support team should also provide quick response to any issue that has come up in the site. Heavy equipment are bound to fall sick. The mechanics should provide their help by getting things right on the machine.

Loopholes if any should be weed out:-

Any type of loophole that a department experiences should be taken care of in the first level itself. It should not be allowed to creep any further. If there is a situation that can’t be controlled in the first level and needs involvement of guys from another level then that should be informed to them in advance. They should be aware of the situation so that they can take necessary steps and be prepared to deal with it. This kind of collaboration is required the most in a construction segment.

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Expert opinions matters a lot when it comes to safety of heavy equipment

When you are dealing with an important thing that can make or break your business, you should depend on the advices of the experts. When it comes to heavy equipment, you got to be all the more cautious while dealing with it. Heavy equipment are highly expensive items and you need to be double sure before you do anything that you have not tried afore. It is always advisable that you take the opinions of an expert for everything that you are not sure of. The real problem is how we know a person is an expert in the field of heavy equipment. We can’t really determine that but there are few things that we can follow.

Take advice from experienced people:-

People who are dealing with heavy equipment for the last many years will be in a position to understand your issue and may give you a valuable suggestion. They may have seen several instances and have found a way to get pass through those issues. These experiences of theirs really counts and it will be prudent to put your queries to them. In case, if they do not know the answer, they will at least not misguide you by giving incorrect details. On the other hand, they will check about the particular scenario from someone else and then will get back to you. Alternatively, if you have a mentor in the construction industry or a person who is an expert mechanic can also come handy.

Post your question on the net:-

This is another option you can avail to get your answer on heavy equipment. Here you will get multiple suggestions and opinions of people belonging to this industry for years. All you have to do is put your question on your site (if you have one) and then wait for people to comment on it. You can also ask people to register on your site so that they can often come to your site and give their say on a new topic. In case you do not have your website, you can become a member on someone else’s website and post your question there. The effect will be the same. People who know about the subject will speak on it and shall also provide a link of a website for you to go through. This will save your time to browse the net and search for the topic of your interest. You directly can go to the site and get your queries answered.

Operators can be a big help:-

In case you are having an issue with your equipment and you do not know whom to reach for help, you can take help from the operator of your machine. Operators are the one who work all the time on your machine and therefore can offer you a piece of their mind. Simultaneously, one should also upgrade his knowledge on heavy equipment if they have to regularly deal with it. Nevertheless, an expert opinion always matter in keeping the heavy equipment hearty and healthy.

Your construction website should be catchy

In order to have your presence felt in the construction sector, you need to have a website. Without a website, your company does not truly exist. Well it does exist on papers though but for people to know you, they can only do it with the help of internet. You can’t expect them to go to government office to know more about your company’s existence but have to create a portal where people can find everything they want to know about your company. Now the most important question is why they will see you when they have plenty of other options available. How are you different from others that you will manage to catch others attention towards you. For that you got to play a bit smart. In order to reach out to the mass, you need to have a catchy website. Now catchy does not mean that you go casual in your approach while you design the website but it means that you try to make it as attractive as you can. Bring in innovative ideas that were not used by others but make a lot of sense if it forms a part of your website.

Post pictures of your work:-

Put as many pictures of your work as you can on your website which will allow people to know the business you are in. However, while you pose pictures on your website, you got to be clear with one thing and that is you make your website look like a construction website and not something that gives a different meaning to it. The pictures that you put on your website should speak aloud about your work and your achievements. Also it should speak about the benefits of people who invest their money in your work. For instance, you are developer who constructs buildings and sells apartments. What will make your website attractive is how you market your products and what benefits you have for the end users. This makes a lot of difference and works as the attraction part in your website.

Easily noticeable on the search engine:-

Ideally there are two ways by which you can be easily noticeable on the search engine page. The first one is you got to be exponentially famous to come up on the first page of the search engine and the second is the content, phrases or keywords that you put on your website should be quite common one so that when people enter those words, it also throws your website on the search page. In case, you do not fit in the first option, the second one should be for you and you got to work things out to fall in the second bracket. You have to put those keywords and phrases that pulls the attention of the search engines and it throws your website to the viewer. Rest your website should be catchy enough to take it from there. The viewer should find it interesting enough to not to leave it after having a single glance.

Big construction companies should take participation of small companies

Construction projects are usually profit making ones and bigger the project the amount of profit that one can expect increases manifolds. However, the risk attached in a bigger project is also high. It is practically not possible for any might construction company to invest all it has into one project as they have their hands into other projects all around the city. So for instance, if a construction company is constructing a township in some city of Florida, it is not necessarily the only project under its belt.

The same company may also be working in simultaneous projects in some other city of the same state or in some other state as well. One can simply understand the amount of men they need to complete the projects all across the country. This also bring forth the question of investment that the company has to put in. it makes no point in making such huge investment because at the end of the day if you tally your total expense and the profit you have made, it will result to a minor difference. However, if you want to see the profit margin higher you can involve other construction companies or contractors in your work and just pay them for their services.

This is what many big construction companies have been doing for the last many years. Rather than working on a big project alone, they involve the participation of other small companies and give them their part of work. This means that the company does not have to deploy additional men and heavy equipments for the work. As a matter of fact, it does not have to deploy anything. The small construction company to whom the work will be assigned will take charge of the project and will do everything to ensure that the work is completed as per the instructions given to him by the big company and also that it is finished on time.

The project taker will thereby deploy its heavy equipment and men and work on the project. In this way, the big company can concentrate of other projects and can also simultaneously hunt for more projects and the small companies also get work. This means that the small companies do not have to spend their time and energy to hunt for new projects and if at all they do to get some extra work, it is completely fine as long as they are able to manage both the work at the same time. The big construction company should ideally not have any problem as long as his quality of work is getting unaffected.

This is a kind of win-win situation for both the big construction house and small companies and contractors who ideally have a hard time to get some work. The big companies also find it immensely difficult to manage the entire project single handedly. Now with the involvement of the small companies things will for sure move for better.

Vision and determination are facets important to achieve success in the construction domain

If you think that having all the heavy equipment in the world can help you achieve success in the construction domain, then you perhaps need to rethink because there is something more important than a machine that is required to sustain in the construction domain and to defeat your competitors from taking away your business. You need to have a vision in your career and the determination to pursue it. If you fail to have either of them, then you and your business might come into big trouble someday or the other.

We often consider that having a sound financial backing is the most important thing after having the right set of heavy equipment but that is not the case. A person who does not know where he wants to take his business is walking in the dark and he may soon begin to face hurdles in his life and may also experience severe financial crunches which may even lead to the closure of the business. There are numerous examples where entrepreneurs who lacked focus were not able to sustain and were forced to shut their shops. Therefore, being focus should be our first priority. We often get help from institutions if we lack sound financial backing but no one can help a person who lacks vision in his career. A person with no goal can lead his business to dangerous paths and will eventually result in the demise of the business. Construction sector in particular is one of the most difficult sectors for people who lack vision.

Stay focused and always have a strategy in mind:-

Remaining focused to your job does not imply that you do not stop thinking about work but it means that you know where your business is heading. You keep a close watch on the ground realities and make sure that things go as per the plan chalked out by you. In case, if there is any deviation then that needs to be brought under control by chalking out a separate strategy that works more on the ground to keep things in your control. A business without a proper strategy is like sailing in a wrecked ship which has all the possibilities of getting drowned.

Know your project well before drawing a plan:-

You may have more than one project in hand and the requirements of both the projects may be different. You need to make sure that you know which project of yours require what. For this you need to do a thorough study of your projects and then draw a road map that takes to the completion of it.

Be determined of your success:-

Life in the construction domain is not a bed of roses and you do not get things that easily. You will come upon lot of hindrances from various corners that you may not even expect. In this situation, it is just your determination that will help you taste success. If you are determined in achieving something then there is no stopping you.

Be careful while dealing with contractors that you have not worked with

Trust is an important factor in any form of business. You got to trust the person before you start working with him and if you are not able to generate the trust and comfort then it makes no point in working along with them. At some point or the other you will get stressed up and you will have to do away with the other guy. When you are entering into a partnership with a person you do not know much about, you got to be very cautious. Ideally, it is recommended that you do not get into any partnership with an unknown person but in case if you have to then you are needed to remain ultra-careful and monitor his business activities. You should not trust the person by not knowing him in complete or else it might lead you to serious issues.

There is a popular saying in the construction world. “Do not trust an unknown person. He carries with him the potential to back-bite you”. This is very much a possibility in an industry where there is cut throat competition all over the place and people are ready to negotiate with their ethics without giving a second thought. Since the construction business has been considered such a rewarding business many people are turning into it to make it their career. They will often consider toppling anybody that they see as a potential competitor and therefore if you think of getting into partnership with one such person you will regret it for the rest of your life.

Contractors in specific can cause you more harm than others. They are the ones who do most of the work in a project for you and are paid as per the contract. Now if you get engaged with a contractor that you do not know much about and he does not intend to do his work properly and is associated with you to make some easy money by doing shabby work, it can lead you to serious problems. It is therefore important to know the credentials of a contractor before you give him the contract.

You need to know if he has worked previously in any such project and try to get his conduct from that company. Such information can be availed with ease. Construction companies do mind giving out conduct report about a specific contractor as they understand that the contractor is not bound to work with just one construction company. They can work with multiple companies at the same time. So if the contractor is worth getting some work, you will be informed about it or else they will give you a negative report.

If you have been working with a contractor for a long time and you know his quality of work is splendid that generates a certain degree of trust in you and you can focus on other stuffs by submitting the entire assignment to him but this can’t be done in case of an unknown contractor with whom you have been working for the first or perhaps the second time.

Work with your team rather than putting pressure for non-performance

We have often encountered a situation wherein we are reprimanded for the non-performance of the entire team. Especially if you are the person who is in charge of the team and if your team is not able to perform as per the expectation of the company, you get to hear the nasty stuff from your boss. Well, we do not like to fall in such a situation but things always do not work as we want it to. Now let’s take this situation as an instance. You have a boss who is not at all grumpy and always loves to stay in a pleasant mood. He gets to know that your team is not doing well and therefore summons you. To your surprise you see him not yelling at you but trying to know what could be the possible reason for the team’s non-performance. He tries to set up an environment where you feel like discussing things with him and finally coming to a conclusion on how to deal with things.

Well this is how things should be when you are the owner of a mighty construction company. In order to get things done, you should keep your mind calm and try to see things from an angle that others do not. You will get to know the cause of the problem only when you sit for a discussion with the person who heads the department. When you see all the departments doing well other than one, it suggests that there is inevitable some problem associated with that team and you got to get to the bottom of the issue. Unless you unearth the problem, you may find things not going well in that department and soon you may see issues pervading to other departments as well.

Understand their grievances before you react:-

We normally have the tendency of over-reacting before we know what has led to a problem. The moment we see things have not worked as we want them to, the first thing we do is over-react on the situation and then once we calm down, we hear the problem. Well, what we should be doing is the opposite. Listening is an art and when you are running a big construction company, you should be master this art first. Listen to the problem first before you react to it. Understand the position of your fellow workers and try to make things simple for them. Do not exert pressure to get any work done from them. That will be a temporary solution but issues will brew up soon and then it may be out of your control.

Change in plan of action may work:-

One of the most suitable methods to deal with the issue of nonperformance is to change the action plan. Do things a bit differently and it may work for you. Not everything happens the way you want them to but changing your way to get the work done might help.

A lien on the construction can lead to serious problems

You take up a big project, complete the work on time but forget to pay your contractors their dues. This can lead you to some serious problems in the future. If you do not pay your contractor for their work, they have every right to place a lien on the construction project and you will then find it difficult to get a completion certificate. More to this, banks will not entertain you when it comes to refinancing or for that matter any sort of financial assistance. Banks do not get into projects that have issues. They want projects whose title are clear and have no issues whatsoever. It can cause several other issues to the constructor when it comes to selling the apartments in a condominium which he has constructed for residential purpose. If the title on the property is not clear, he will find it absolutely difficult to sell it to the public.

The construction company has to ensure that he clears the dues of the contractors should also ensure that the contractors are also paying to the sub-contractors because if they are not paid then they can also adopt the same methodology and create issues for the company. The sub-contractor can also place a lien on the project and can put a halt to the sale proceeds. It has been seen that liens are ideally placed as a last resort when contractors do not see any other option to get their money they go for placing liens. Once a lien is placed on any construction project, it gets recorded in the credit rating of the company. This means that credit rating of the company gets hampered which eventually affects the overall goodwill of the company. Construction companies do not want to play with their goodwill and therefore they do not want to take any potential risk by not paying their creditors or contractors.

Further to this, a dip in their credit rating can also cause problems to them when it comes to getting loans from banks. Construction companies with poor credit rating do not easily get loans and if at all they manage to get it from any financial institution then the interest rates will be really high. This in turn will have a negative impact on their business. They will never want such things to happen and therefore should try everything to avoid getting a lien on their project.

There have been several instances where construction companies have paid the contractors but they in turn have failed to pay other concerned parties to the project. This can be a big pain for the project owner because here he may not know all the parties who are associated with the contract and then all of a sudden you get to know that someone has placed a lien as they are not being paid. However, you check your records and see that you have paid all the parties involved in the transaction on time. You can file a complaint and state that you are clear in paying everybody and can disclose the records in front of the concerned authority. But this is unquestionably a big pain and in order to avoid this, you should pick contractors of good reputation.